Kin Lay
How to transfer my share of the house to my brother?
14 January 2025 | 5 replies
Any amount above the annual gift tax exclusion ($17,000 for 2023) counts against your lifetime exemption.
Olivia Melikian
Looking for a good REI agent in Carbondale, Illinois Area
6 January 2025 | 5 replies
Alyssa Bunting handles all of Williamson Count.
Alex Houser
Foolish to buy office building?
18 January 2025 | 8 replies
That said, here are the actuals:Unit count: 13 offices (sizes range from 165sqft to 2,800 sqft - it's a local mom & pop type commercial building in an A-/ B+ town that's growing) Gross Rent: $20,801Expense Ratio: 50.7%NOI: $9,736 (year 1, after vacancy) ---Cash Flow: $2,536 / moCap Rate: 6.5%
Armani Pimentel
I'm a 16yo trying to learn wholesaling to start when I'm 18
27 January 2025 | 4 replies
Research ways to use your education to help you qualify for a loan (did you know that some lenders allow college credits that translate directly to the line of work the graduate pursues to count towards work experience, accelerating the borrower's opportunity to get approved for a mortgage?).
Chrissy Smyth
Rental in depresses area and minimum requirements
8 January 2025 | 3 replies
We look at how many counts and how long ago.
Jonathan B.
STR Depreciation/Bonus Depreciation Question
24 January 2025 | 11 replies
If the property cash flow starts in 2024, personal usage is not that impactful.Talk to your CPA if renovation counts as QIP for bonus depreciation.
Ricardo Navarro
Flip in CLE
15 January 2025 | 9 replies
lol not sure what I am getting into this year but always looking. really trying to grow the unit count. i probably won't do a flip.
Kolby Knickerbocker
should I sell a property to pull out $500K and invest it elsewhere?
15 January 2025 | 18 replies
The equity is actually what you are paying for the property.In this case let's look at the numbers that count,...the current numbers.You have about $500k or more in equity, which is buying you a property that's worth about $700k (I went with the lower PV.
Rereloluwa Fatunmbi
Seeking Advice to Improve STR Performance in East Downtown Houston
22 January 2025 | 22 replies
I would also cut down on the photo count.